SharpLink Gaming Reports Massive Q2 Loss Due to Ether Treasury Challenges

Online gaming company SharpLink Gaming reported a significant loss of $103 million for the second quarter of 2025, primarily due to accounting challenges related to its staked Ether (LsETH) holdings. This marks a dramatic year-over-year decrease of -25,980% compared to the same period in 2024 and highlights the financial risks associated with large cryptocurrency investments under current accounting standards.